The Impact of Foreign Investment on the Sovereignty of Developing Countries: An Appraisal of the China-Nigeria Bilateral Relations
No Thumbnail Available
Date
2023-12
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Lead City University
Abstract
This research examines and critically analyses to what extent host states might use their sovereignty in a manner that may be counterproductive to the interests of foreign investors on their territory, and the extent to which international investment law can regulate transactions to the benefit of the parties. The research considers the extent to which different dispute resolution mechanisms can be used to rebalance the uneven investment relationship arising from the adverse effect of host state sovereignty. The breach of legal obligations may subject the host states to international judicial or quasi-judicial instruments and their enforcement which may ordinarily affect the traditional power of the state to control every activity within its territory. To
this end, this research examines the legal obligations between the host state and foreign investors and the various types of foreign investments and the potential impact of such activities on the sovereignty of the host state. The objective underlying the research is to determine whether or not foreign investment and the circumstances surrounding the transactions relating thereto have the potential to lead developing sovereign states back into a form of neo-colonialism in the guises of international loans and infrastructure developments agreements. The study will conduct a review of the Nigerian economy, vis-à-vis the country’s trade relations with China in terms of science, technology, and infrastructure loan to determine the extent to which the activities may adversely impact the country sovereignty. To do this, the methodology adopted in this research is doctrinal that is, library oriented research. This is by an analysis of Secondary sources of data and archival study which will involve the analysis of Primary and Secondary sources of research.
Keywords: International Investment, Foreign Direct Investment, Portfolio, Sovereignty, Globalization, China, Nigeria dispute resolution.
Word Count: 292 words
Description
Keywords
International Investment, Foreign Direct Investment, Portfolio, Sovereignty, Globalization, China, Nigeria dispute resolution.